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Economy

Get to know about the latest news and events as it happens from the world of economy from Mauritus and all over the world.

Local News

Payment Of One-Off Allowance To Tea Growers

Staff -
Government has agreed to provide a one-off allowance to tea growers to support them with respect to losses incurred on plantations because of the...
Economy

Padayachy: Confidence Will Be Restored By The Finance Bill

Staff -
Yesterday, in Parliament, the Minister of Finance, Renganaden Padayachy, presented the Finance (Miscellaneous) Provisions Bill. This bill will give legal force to the measures...
Economy

Impact Of Abolition Of National Pension Fund Contributions

Staff -
The NPF is a contributory pension scheme set up by statute in 1976 to provide a pension for private sector employees at retirement age....
Economy

Pension System: Another Area of Conflict With IMF

Staff -
Government is coming forward with a new legislation that will credit all social contributions under CSG to the Consolidated Fund. However, the IMF warned...
Economy

MIC: Another Cordial Discord With IMF Ahead?

Staff -
In Parliament yesterday, Tuesday 20th July, during the Private Notice Question of the Hon. Leader of the Opposition, Xavier Luc Duval, on transparency regarding...
Economy

Padayachy: Without MIC, We Would Have Plunged Into Economic & Social Chaos

Staff -
The Minister of Finance refused to give details of the companies that have received financial assistance from the Bank of Mauritius' corporation. He argued...
Economy

Government Imposes Maximum Price on Several Food Products

Staff -
The Minister of Commerce and Consumer Protection has promulgated the Consumer Protection (Maximum Price of Essential Goods) (Amendment) Regulations 2021. Thus, the prices of...
Economy

Since 2018, 33 Million Spent To Promote Mauritius IFC

Staff -
In Parliament, on Tuesday 13 July, following a question from Hon. Uteem, Dr. Padayachy informed the House that a total amount of Rs.   million...
Economy

Consumer Price Index Rises 2.9 Points In Three Months

Staff -
Consumers have reason to frown when they go shopping at supermarkets. The consumer price index, which stood at 108.5 in March 2021, rose by...
Economy

Increase In The Number Of People Economically Inactive

Staff -
64,700 Mauritians have been driven outside the labour force and have been made economically inactive between December 2020 and March 2021. Statistics that will...
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